RE: Steemjet or Hivejet?

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Steemjet or Hivejet?

in steem •  4 years ago  (edited)

@dimimp I will like to convince you in a way to let you know more about steemit and hive.

Steem has been forked to create Hive, a new blockchain designed to maximize decentralization in response to a recent corporate takeover.
After TRON announced its hostile takeover of Steem, the community forked into an alternative called Hive.
Hive is a blockchain-based content creation platform with a native token and governance model.
The primary distinctions between the two can be effectively reduced to centralization vs. decentralization.

In March 2020, the decentralized content network Steem was acquired by TRON. The Steem community responded to the hostile takeover by launching Hive, a blockchain based on Steem code that aims to combat centralization.

Shortly after the 2016 launch, Steemit Inc. carried out a “ninja mine” which allowed the company to obtain 80% of the STEEM supply. The Steem community trusted Steemit Inc. to set aside the ninja mined tokens for development purposes and trusted the company not to misuse those funds.

That trust failed when TRON acquired Steem in February 2020 and obtained the ninja-mined funds.

Much of the Steem community disagreed with TRON’s takeover. On Feb. 25, Steem witnesses attempted a soft fork (0.22.2) to prevent TRON from abusing the funds in question.

Token Comparison


Steem uses Steem (STEEM) as its basic token, Steem dollars (SBD) as its reward token, and STEEM POWER for witness voting. Hive has two equivalent tokens: Hive (HIVE) and Hive-backed dollars (HBD).

Steem tokens are available on many different exchanges, while Hive tokens are available on just a few exchanges. The data below only considers exchanges that offer regular trading, not airdrops.

Though HIVE is roughly on par with STEEM in terms of price and market cap right now, there is an obvious issue: Hive has not shown that HBD can maintain parity with the dollar.

STEEM’s value may change as well. TRON is considering a token swap that would allow STEEM holders to exchange their tokens for TRON-based tokens—a decision that may affect token prices.

Hive has no official leadership. There are about 30 community developers and 80 contributors working on the project, and there is no company behind the project•

In Summary


Both Steem and Hive appear to be in a strong position, and each has its own strengths and weaknesses:

Qualities of Steem:

• Strong branding and long history
• Higher STEEM value and SBD dollar parity
• Large DApp ecosystem
• Controversial but strong leadership from TRON

Qualities of Hive:

• Decentralized structure and fund management
• High HIVE value, but lack of HBD dollar parity
• Small but promising DApp ecosystem
• Involvement from long-standing Steem members.

With the about write I will convince you @dimimp to let us maintain steemjet. We have all work to make this community a better place.

You have already said it that, you don't have much time for re-brand and steemit is what brought us together to form a big family. I strongly believe that steemit is still coming back as before with the help of SUN (TRON).

My special requests is that don't forget me to be part of beneficiaries to get coronavirus relief.


Link to my previous request.
https://steemit.com/steem/@ninoh22/qazlij

#steemjet
#GodBlessSteemjet
#GodBlessDimimp
#ninoh22
#sf1

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